Altcoins News

Story: XRP Climbs to $1.44 as Senate Faces Crucial CLARITY Act Vote

By Pankaj K

1 / 15

The Price Levels That Actually Matter. Watch $1.35 on the downside. That's the line in the sand for the current bullish setup.

2 / 15

What the CLARITY Act Actually Does to the Equation. The cloture vote isn't a final passage. It's not even close to that.

3 / 15

Broader Market Is Watching Too. It's not just XRP traders paying attention. The broader crypto market has been tracking the…

4 / 15

XRP is sitting around $1.44 right now. It's been a rough week — the token dropped to $1.31 before clawing back toward $1.

5 / 15

That's when the Senate holds its cloture vote on the CLARITY Act, the piece of legislation that Ripple CEO Brad Garlinghouse has been pushing hard. Garlinghouse said making the U.

6 / 15

XRP is up roughly 6% to 7% over the past week.

7 / 15

But profit-taking has kept it from breaking out cleanly. The $1.48 level has basically acted as a ceiling this week, and every time the token nudges toward it, sellers show up.

8 / 15

Watch $1.35 on the downside. That's the line in the sand for the current bullish setup. If XRP breaks below it and stays there, prices could slide back into the low $1.

9 / 15

On the upside, $1.48 to $1.50 is the resistance zone everyone's watching. Getting through that cleanly — and holding it — would open a path toward $1.60.

10 / 15

For the weekend specifically, the range that matters is $1.40 to $1.45. Holding that band keeps the rebound alive.

11 / 15

Related: Pineapple Financial Moves $1 Billion in Mortgages to Injective, PAPL0 Token Soars 48%

12 / 15

The cloture vote isn't a final passage. It's not even close to that. It's a procedural step — the Senate deciding whether to let the bill enter formal debate at all.

13 / 15

That fog matters specifically for XRP because Ripple spent years fighting the SEC over whether XRP is a security.

14 / 15

But the bill's got problems. The stablecoin rewards dispute and the DeFi provisions have created disagreement among senators who might otherwise be sympathetic.

15 / 15

It's not just XRP traders paying attention. The broader crypto market has been tracking the CLARITY Act because a vote in favor would signal something bigger — that the U.S.

The Currency Analytics

Want the full story?